US Securities and Exchange Commission
The US Suspends the Investigation against Nexo, the Company reached a Historic Settlement
Nexo has agreed to pay $45 million to US regulators and will cease unregistered offering of crypto products, reported the United States Securities and Exchange Commission, as quoted by BNT.
Access to Facebook and Instagram may be Suspended throughout Europe
If Meta (the parent company of Facebook and Instagram) is unable to transfer, store and process data from its European users on US-based servers, access to Facebook and Instagram could be suspended across Europe. The owner of the giant Mark Zuckerberg warned about this on social media in his annual report.
Tesla Hopes to Expand its Business in Eastern Europe
CEO of Tesla Inc. Elon Musk said he plans to expand the business in Eastern Europe in early 2020, DPA reported.
In a tweet, Musk said he hopes Tesla will open Slovakia, Croatia, Serbia and most of Eastern Europe during the early part of next year.
US Regulators Charge Tesla CEO Elon Musk with Fraud
The US Securities and Exchange Commission on Thursday charged Tesla CEO Elon Musk with securities fraud, alleging he misled investors last month in tweets about taking the company private.
Musk tweeted August 7 that he had "funding secured" to privatize the electric automaker at $420 a share, causing a brief spike in Tesla's share price.